82000089 - Laserfiche WebLink

Browse

v.~.._ ~~ E.~,TATE i~ORTGAGE TiiS MORTGAGE made and entered into this 30th day of tlecember,1981, by and between. the following; Mortgagor: Ray t^~. Empfield, single Mortgagee: Mary Jane Engelhaupt, a widow and not remarried Mortgagor, for and in consideration of the loan hereinafter described, hereby mortgages and. conveys to Mortgagee the following described propertyc Lot Thirteen i13), Abrahamson Third Subdivision in the City of Grand Island, Full County, Nebraska, toget3aer with all tenements, heredataments and appurtenances thereto belonging, and specifically including any improve- ments or fixtures hereafter placed thereon, (all of which is called herein "the property"). ^~o '-rave and to hold said property unto Mortgagee and her sacwessors and assigns on the terms and conditions nP.Y ~+y.;'; `.'sit :~.~rtii. This mortgage is given to secure payment of a promissory "3ote dated December 30, 1981, in the principal sum of S25,OOD.00, payable in monthly installments of prin- cipal and interest. according to the terms of the said Note. Tyre final payment of principal and interest, if not sooner paid, shall be due and payable on January 1, 2Q02. All payments except principal. prepayments are to be applied first to accrued. interest and the balance to principal. This mortgage is executed and delivered upon the fo11aw3ng warrantees, covenants and agreements: i. ?~ortgagar warrants that title to the property is vested in Mortgagcr ir. fee sample, free and clear of all leers . 2. Mortgagor will promptly pay .when due the in- debtedness secured hereby, and all taxes and other liens against the property, and will not permet any tax: liability to become ttei i_rqueltt car judz~ntent to become a lien agai-~st the property. 3. Mortgagor agrees to promptly perform all cove- rants,and obiagateons contained en the Agreement for S-aIe of a~ea.1 Estate dated December 3fl, 1981, in which the- t+iortgagee, as Seller so3d to the '~ortgagor, as Buyer, the above. de- scribed:.property. 4. Mortgagor agrees to keep improvements on the pre~stises occupied and in good repair and to use the property in a lawful,. good and.. hsssbandlike manner. 5. :~5o~tgagor agrees that Aiortgagvr wail riot aban- don.trir± property; or cause or persssat waste, lessening or r:sp;~irfnent of the value of the property. D EFFi~T3,T €. Slso3_:~d ,,,~~~aag~iv c~e~ault in t3ze performa:~ce or ,; .c=et~~i ~e r~£ thy- -:_~~~eci.=,r_ss ~ecurtd hereby, cr should an :da-.~i-.zt:a1 zx~artgagr,- _.e :!~claxr~c. a bantcrvpt, ;cnso~vetxt. car